This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Africa, West Africa
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.
- Communications and IT Services, Financial services, Other consumer services, Others
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- African Capital Alliance
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- May 2009
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
Investments made by this fund
|Investment name||Country||Region||Sector||Start date||Status|
MTN Nigeria Communications Limited
MTN Nigerian is a provider of mobile telecom services through the GSM platform. It is part of the MTN Group, Africa s leading celluar telecommunications company.
|Nigeria||Africa, West Africa||Communications and IT Services||June 2010||Active|
Bankers Warehouse is one of only 2 companies licensed by the Central bank to provide cash processing services to banks in Nigeria.
|Nigeria||Africa, West Africa||Financial services||December 2010||Active|
Vertex Energy/First Hydrocarbon Nigeria Co Ltd
First Hydrocarbon Nigeria Company Limited is an indigenous Exploration & Production company in Nigeria that was established by UK-listed Afren in direct response to the Nigerian government’s policy to increase indigenous participation.
|Nigeria||Africa, West Africa||Others||December 2010||Active|
ACA B Holdings Limited/Union Bank
ACA B Holdings proveds banking and other financial services to a wide range of corporate and retail customers, predominantly in Nigeria.
|Nigeria||Africa, West Africa||Financial services||December 2011||Active|
Cornerstone Insurance Plc
Capassure is a provider of life and non-life insurance products in Nigeria.
|Nigeria||Africa, West Africa||Financial services||September 2012||Active|
Fin Insurance provides Motor Vehicle, Aviation, Marine, Engineering, All Risks, AssetProtection, Liability to Third Party and Oil Gas insurance.
|Nigeria||Africa, West Africa||Financial services||June 2013||Active|
Gas Train is a platform for the acquisition and development of gas infrastructure assets in Nigeria.
|Nigeria||Africa, West Africa||Others||June 2014||Active|
Wakanow.com Limited is the leading online travel company in Nigeria, offering services for flights, hotels, visa and tour packages. The company has a robust technology platform which is integrated into banking, payment and mobile applications and also has offline travel centres in strategic locations.. It also has operations in Ghana and Mauritius.
|Nigeria||Africa, West Africa||Other consumer services||August 2014||Active|
Access Bank (Merged with Diamond Bank)
Diamond Bank is the ninth largest universal bank in Nigeria (with a subsidiary in Benin Republic), with a strong focus on the SME and corporate sectors.
|Nigeria||Africa, West Africa||Financial services||September 2014||Active|
|Project Pearl||Nigeria||Africa, West Africa||Financial services||September 2014||Active|
Filmhouse Ltd/Film One Distribution Ltd
Filmhouse Limited is the fastest growing cinema chain in Nigeria with over 20% market share. Film One is the associated distribution and production company.
|Nigeria||Africa, West Africa||Other consumer services||December 2014||Active|